Pound Mixed Ahead Of U.K. GDP Data
June 28 2019 - 12:25AM
RTTF2
At 4.30 am ET Friday, the Office for National Statistics is
scheduled to issue UK revised quarterly GDP data. According to
preliminary estimate, the economy had expanded 0.5 percent
sequentially in the first quarter due to pre-Brexit
stockpiling.
Ahead of the data, the pound traded mixed against its major
counterparts. While the pound dropped against the euro and the
franc, it held steady against the greenback and the yen.
The pound was worth 1.2669 against the greenback, 136.38 against
the yen, 1.2345 against the franc and 0.9888 against the euro as of
4:25 am ET.
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